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e GROWENS Price Sensitive PRESS RELEASE Growens ( GROW ) announced +3.4 increase in H1 2021 and + 3.1 % increase in Q2 2021 cash sales Milan , 12 July , 2021 - Growens S.p.A. - GROW ( the " Company " or the " Issuer " or " Growens " ) , a company admitted to trading on the multilateral trading facility AIM Italia and operating in the cloud marketing technology field , has announced today the quarterly results ( Q2 2021 ) related to gross sales at both group and business unit level . Consolidated unaudited cash sales recorded a + 3.1 % growth in Q2 2021 ( at 16.9M EUR ) vs Q2 2020 ( 16.4M EUR ) , affected by the crisis due to the spread of the Covid - 19 - related sanitary emergency . With respect of the six - month - long period 01 / 01 / 2021-30 / 06 / 2021 ( H1 2021 ) , sales amount to 33.8M EUR , up over 3.4 % vs. H1 2020 on a like - for - like basis . " Q2 2021 results once again confirm the Group's solid positive growth , especially starting from the month of July an especially significant result given the global environment , still impacted by uncertainty , volatility and general slowdown of economic activities due to the pandemic . " Matteo Monfredini , Chairman and founder of Growens " Preliminary evidence of GROW's H1 2021 sales performance reassures us about our strategic decisions , especially to focus on the development of the SaaS component , steadier and less hit by the crisis than SMS . Our efforts for the latter are focused on consolidating and developing margins instead of mere sales growth . As far as the headcount increase is concerned , we reached ca. 60 % of planned and we believe that the key figures added in MailUp , BEE and Datatrics will bring on satisfactory results by the end of the year . " Nazzareno Gorni , CEO and founder of Growens Main consolidated cash sales figures for Q2 2021 by Business Unit The business unit which recorded the largest Q2 sales is Agile Telecom , providing wholesale SMSs for promotional and transactional purposes . , with ca 10.2M EUR sales , almost unchanged over the same period of the previous year ( -2.6 % ) . The slowdown in growth is mainly due to the utterly negative impact